RBI ban on Navi, three more NBFCs leaves fintechs worried
RBI on Thursday barred Bengaluru headquartered-Navi Finserv and three more NBFCs to stop disbursing loans from October 21 ...
The News Today1h
‘Interest rate cut at this stage will be premature’
The remark came a day after the central bank directed Sachin Bansal’s Navi Finserv and three other NBFCs to cease and desist ...
Interest rate cut could be premature, risky: RBI Guv
Reserve Bank Governor Shaktikanta Das on Friday said that this stage would have been “premature” and “very very risky” as the ...
abp LIVE7h
RBI Governor Shaktikanta Das Cautions Against Premature Rate Cut Amid High Inflation
Governor Das also commented on the RBI's regulatory role, clarifying that the central bank does not act like a ...
After barring Navi and others, RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley
Mumbai/IBNS: The Reserve Bank of India (RBI) on Thursday (Oct. 17) took action against four Non-Banking Financial Companies ...
abp LIVE15h
RBI Orders 4 NBFCs, Including Navi Finserv, To Halt Loan Disbursals Over Supervisory Concerns
The companies flagged include Bengaluru-based Navi Finserv, New Delhi-based DMI Finance, Kolkata-based Arohan Financial ...
Business operations of fintech NBFCs, MFIs to take a hit after RBI diktat
The RBI's directive to halt operations of four non-bank lenders, due to concerns about loan pricing practices, will ...
Interest rate cut at this stage could be premature, risky: RBI Governor Shaktikanta Das
Refusing to give any indications about rate cuts in future, the governor said the central bank would take action on the basis ...
Business Times20h
India regulator cracks down on shadow banks to cut risks
INDIA has increased its crackdown on lenders with errant practices, as regulators move to curtail risks in the shadow banking sector. Read more at The Business Times.